{"id":818475,"date":"2022-09-07T19:04:03","date_gmt":"2022-09-07T17:04:03","guid":{"rendered":"https:\/\/15.161.165.86\/non-categorizzato\/aimco-confirms-completion-of-lease-termination-transaction-realizing-100-million-of-value-creation\/"},"modified":"2022-09-07T19:04:03","modified_gmt":"2022-09-07T17:04:03","slug":"aimco-confirms-completion-of-lease-termination-transaction-realizing-100-million-of-value-creation","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/aimco-confirms-completion-of-lease-termination-transaction-realizing-100-million-of-value-creation\/","title":{"rendered":"Aimco Confirms Completion of Lease Termination Transaction, Realizing $100 Million of Value Creation"},"content":{"rendered":"DENVER--(BUSINESS WIRE)--Apartment Investment and Management Company (\u201cAimco\u201d) (NYSE: AIV) announced today that on September 1, 2022, it completed the previously announced lease termination transaction with AIR Communities.\n\n\n\nThis transaction highlights the successful development and lease-up of 707 Leahy in Redwood City, CA, Prism in Cambridge, MA, Flamingo Point North Tower in Miami Beach, FL, and The Fremont on the Anschutz Medical Campus in Aurora, CO. In addition to the release of $469 million of leasehold obligations, Aimco received $200 million in return for cancellation of the leases of the four properties and realized approximately $100 million of value creation, approximately 18 months sooner than originally anticipated.\n\n\n?
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DENVER–(BUSINESS WIRE)–Apartment Investment and Management Company (\u201cAimco\u201d) (NYSE: AIV) announced today that on September 1, 2022, it completed the previously announced lease termination transaction with AIR Communities. This transaction highlights the successful development and lease-up of 707 Leahy in Redwood City, CA, Prism in Cambridge, MA, Flamingo Point North Tower in Miami Beach, FL, and […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-818475","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"\nAimco Confirms Completion of Lease Termination Transaction, Realizing $100 Million of Value Creation - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/aimco-confirms-completion-of-lease-termination-transaction-realizing-100-million-of-value-creation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aimco Confirms Completion of Lease Termination Transaction, Realizing $100 Million of Value Creation - BeBeez\" \/>\n<meta property=\"og:description\" content=\"DENVER--(BUSINESS WIRE)--Apartment Investment and Management Company (\u201cAimco\u201d) (NYSE: AIV) announced today that on September 1, 2022, it completed the previously announced lease termination transaction with AIR Communities. 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